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Company prepares launch of tokens based on Tesla and Nvidia shares
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THE Step Finance announced this Thursday (12) a pioneering movement towards enter the market for real world assets (Real World Assets – RWA) on the Solana blockchain. This is because the company acquired the Moose Capitalan emerging marketplace for tokenized stocks. Additionally, it rebranded the company as Remora Markets, incorporating its team and regulatory licenses. marketpkace will offer stock tokens from renowned companies like Tesla (TSLA) and Nvidia (NVDA) from the first quarter of 2025.
With the launch of Remora Markets, Step Finance seeks to eliminate common barriers to traditional investments, such as high brokerage fees and long processing times. The marketplace will allow investors trade tokenized shares directly on the Solana blockchain. In this way, it will be a faster, more accessible and global alternative to the fractional assets market.
The sector of RWA has shown meteoric growthreaching US$13 billion in total value locked by 2024. However, despite Solana showing significant trading volumes in the DeFi sector, its share of the RWA market is still limited to 3.1%.
Step Finance’s entry promises to change this scenario, taking advantage of users’ growing interest in onchain assets. The acquisition of Moose Capital marks Step Finance’s third major move in its mission to become “the Solana homepage”.
In September, the company launched its data API and a beta version of the portfolio tracking dashboard. The solutions allow users to monitor their assets in several portfolios simultaneously.
With the promise of Greater regulatory clarity following the 2024 US presidential electionRemora Markets is expected to accelerate the growth of the RWA sector on Solana.
Furthermore, the revenue generated by the protocol will be fully reverted to the buyback of Step Finance’s native token ($STEP)reinforcing the sustainable value of the platform.
Company prepares launch of tokens based on Tesla and Nvidia shares
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Company prepares launch of tokens based on Tesla and Nvidia shares
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Company prepares launch of tokens based on Tesla and Nvidia shares
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Company prepares launch of tokens based on Tesla and Nvidia shares
